elasticities. It turns out that the regulatory process does not seem to have significant impact on demand for Telecommunications …

Governments in the EU grant Rescue and Restructure Subsidies to bail out ailing firms. In an international asymmetric … Cournot duopoly we study effects of such subsidies on market structure and welfare. We adopt a common market setting, where … consumers from the two countries form one market. We show that the subsidy is positive also when it fails to prevent the exit …